SpaceX shares (NASDAQ: SPCX) have held above their IPO price for four straight weeks through September 2, and that stability has made at least one Wall Street analyst more bullish on the stock’s prospects. Oppenheimer’s Timothy Horan reiterated a “Buy” rating on SpaceX on Wednesday and raised his 12-month price target to $280 from $250, a 12% increase. The higher target implies Horan sees room for the stock to climb to a fresh all-time high over the coming year.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Injective has introduced Institutional Rail, a dedicated connection for banks and enterprises seeking access to…
ENA is approaching a critical decision point, and bulls still have plenty of work to…
The crypto market has been navigating a heightened period of volatility, with the Bitcoin price…
Solana price is struggling to reclaim the $100 mark as selling pressure continues to weigh…
Block (XYZ), Circle Internet Group (CRCL), and Riot Platforms (RIOT) are three key crypto related…
The US midterm elections on November 3 could become a major market catalyst, with investors…
